Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Life Insurance Corporation of India Team. If you also belong to the team, you can get access from here
filter salariesFilter salaries by

Life Insurance Corporation of India Driver salaries in India

Annual salary range
8 - 15 years exp.
₹1.5 Lakh - ₹2.4 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

31% less than the average Driver Salary in Insurance Companies for 8 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Security Services
Driver Salary
14 years exp. (AmbitionBox Estimate)
unlock-blur

₹1.4 L/yr - ₹1.7 L/yr

Sports, Fitness & Personal Care
Driver Salary
8 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 1 Apr 2024

Companies similar to Life Insurance Corporation of India for Driver

Company name Avg Annual Salary Open Jobs
Logo
Aditya Birla Sun Life Insurance Driver Salary

3 - 31 years exp. (3 salaries)

unlock blur

₹0.5 L/yr - ₹4.5 L/yr

arrow icon 10% more
Logo
SBI Life Insurance Company Driver Salary

3 - 5 years exp. (3 salaries)

unlock blur

₹0.5 L/yr - ₹1.2 L/yr

arrow icon 64% less
Logo
Ola Cabs Driver Salary

1 - 20 years exp. (748 salaries)

unlock blur

₹1 L/yr - ₹6 L/yr

arrow icon 63% more
Logo
Uber Driver Salary

0 - 10 years exp. (558 salaries)

unlock blur

₹0.9 L/yr - ₹7.3 L/yr

arrow icon 78% more
Logo
Fadeco Ltd., Saudi Arabia Driver Salary

0 - 20 years exp. (266 salaries)

unlock blur

₹1.2 L/yr - ₹6 L/yr

arrow icon 41% more
Driver salary at Life Insurance Corporation of India ranges between ₹1.5 Lakh to ₹2.4 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Driver

9mo ago
₹1.5 Lakh
14 years exp.
1y ago
₹2.4 Lakhs
8 years exp.
1y ago
₹2.2 Lakhs
9 years exp.
1y ago
₹2.4 Lakhs
15 years exp.

Experience wise Life Insurance Corporation of India Driver salaries

Last Updated: 1 Apr 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

unlock blur

₹2.2 L/yr - ₹2.8 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹1.9 L/yr - ₹2.5 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹1.4 L/yr - ₹1.7 L/yr
15+ years (AmbitionBox Estimate)

unlock blur

₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Cashier Salary
(29 salaries)
unlock blur
₹0.5 L/yr - ₹3 L/yr
Delivery Boy Salary
(AmbitionBox Estimate)
unlock blur
₹0.1 L/yr - ₹0.1 L/yr
Personal Driver Salary
(AmbitionBox Estimate)
unlock blur
₹1.8 L/yr - ₹2.3 L/yr
unlock blur
₹0.6 L/yr - ₹4.8 L/yr
unlock blur
₹1 L/yr - ₹2 L/yr
Business Associate Salary
(AmbitionBox Estimate)
unlock blur
₹1.1 L/yr - ₹1.4 L/yr
Airport Ground Staff Salary
(AmbitionBox Estimate)
unlock blur
₹0.9 L/yr - ₹1.2 L/yr

Salary related reviews for Life Insurance Corporation of India

Nb department Department

5.0
  •  posted on 11 Oct 2021

2.0
 for  Salary and Benefits

Likes

...rtive team HOD and other members are very friendly and always ready to support . Good salary and no salary issue you also have an opportunity to increase your knowledge in insurance sector .

read more
  • Job security - Excellent
  • +3 more

Dislikes

  • Salary - Poor
  • Skill development - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 19 Jul 2024

5.0
 for  Salary and Benefits

Likes

Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

read more
  • Salary - Excellent
  • +3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

3.0
 for  Salary and Benefits

Likes

Job Performing Flexibility.

  • Job security - Excellent
  • +3 more

Dislikes

...e Teams. 2. Other benefits, which are not upto the standards or satisfaction. 3. No Festival bonuses/ annual bonuses. 4. No Family bonus 5. No clarity about Pension

read more
  • Promotions - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 20 Feb 2023

3.0
 for  Salary and Benefits

Likes

Good company in terms of the pay and benefits, but at a heavy price.

Dislikes

All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

Construction & Site Engineering Department

5.0
  •  posted on 24 Apr 2022

5.0
 for  Salary and Benefits

Likes

...us, we need to complete basic target - can be achieved easily to retain licence. We as agents, upon reaching membership target's, we receive bonus, advances & other benefits.

read more
  • Salary - Excellent
  • +6 more

Dislikes

In this competitive industry, we need to implement new combination policies like pvt companies, which gives multiple benefit options to choose for customer & we need to upgrade in digital marketing/Easy ways to receive customer feedback, requests, their suggestions etc. We need to cut off those lengthy process in different sections.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Life Insurance Corporation of India Driver Salary FAQs

What is the salary of Driver at Life Insurance Corporation of India ?
The average salary of a Driver at Life Insurance Corporation of India in India typically ranges from ₹1.5 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Driver at Life Insurance Corporation of India earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Driver Salaries at Life Insurance Corporation of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a Driver at Life Insurance Corporation of India in India?
The estimated take-home salary of a Driver at Life Insurance Corporation of India in India typically ranges from ₹14,585 to ₹16,116 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 8 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Life Insurance Corporation of India for Driver in India?
Uber ₹0.9 Lakhs to ₹7.3 Lakhs per year
Ola Cabs ₹1.0 Lakhs to ₹6.0 Lakhs per year
Fadeco Ltd., Saudi Arabia ₹1.2 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹0.5 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.
What is the salary of a Driver in companies similar to Life Insurance Corporation of India in India?
The salary of a Driver at companies similar to Life Insurance Corporation of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹0.5 Lakhs to ₹1.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Driver at Life Insurance Corporation of India in India?
The salary growth for a Driver at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Driver can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
8 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
9 years ₹1.9 Lakhs to ₹2.5 Lakhs per year
14 years ₹1.4 Lakhs to ₹1.7 Lakhs per year
15 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
and so on.

Tell us how to improve this page.

Life Insurance Corporation of India Driver salary in India ranges between ₹1.5 Lakh to ₹2.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.